BVN is great, but here are 5 ways CBN can make it better
Industry Information

BVN is great, but here are 5 ways CBN can make it better

Creating BVN was a commendable first step, but if it doesn’t evolve with technology, it risks becoming  more bureaucratic than valuable.

FCCPC regulations for digital lenders
Information

FCCPC regulations for digital lenders

The Federal Competition and Consumer Protection Commission (FCCPC); the regulatory agency responsible for ensuring consumer protection and regulating competition in Nigeria, recently released a Limited Interim Regulatory/Registration Framework for Digital Lending. This regulatory framework is enforceable whilst they work on a more comprehensive framework to guide the operations of digital lenders in Nigeria. The Commission […]

The possible upsides of making GSI the go-to loan repayment method
Company

The possible upsides of making GSI the go-to loan repayment method

The Federal government initiated the Global Standing Instruction (GSI) to nip the issue of non-performing loans and unrepentant loan defaulters in the bud. Unfortunately, the implementation of this very powerful tool has been limited.